Archive for the ‘Blog’ Category

The Curse of Corporate Welfare


Thursday August 17th, 2017   •   Posted by Craig Eyermann at 6:38am PDT   •   0 Comments

When it comes to the amount of money that’s wasted by governments, it’s hard to beat corporate welfare for both its size and its endurance. All too often, once a company is gifted with taxpayer money to “stimulate the economy” or to “stabilize the market” or to “keep jobs here”, it opens the door...
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Transit Boss Bonanza Stresses Taxpayers


Monday August 14th, 2017   •   Posted by K. Lloyd Billingsley at 1:59pm PDT   •   0 Comments

In California’s capital of Sacramento, rapid transit has been in terrible shape, but not for lack of spending on management. As we noted, after hiring Mike Wiley as manager, the RT district plunged into financial distress, tapping reserve accounts to balance its budget and raising fares 10 percent. Though a major bust as transit...
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The Return of the Debt Ceiling, 2017 Edition


Monday August 14th, 2017   •   Posted by Craig Eyermann at 6:26am PDT   •   0 Comments

In what is almost an annual tradition now, the U.S. Congress will soon come up on the deadline where it must either approve a new increase in the statutory debt ceiling, the total amount of public debt outstanding that the U.S. government is officially allowed to have on its books, or risk defaulting on...
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A Failure to Execute in Washington D.C.


Thursday August 10th, 2017   •   Posted by Craig Eyermann at 6:15am PDT   •   0 Comments

Earlier this week, MyGovCost celebrated the termination of a wasteful spending program that would save $10 million a year. That success however must be measured against Washington D.C.’s projected $4,100,000 million ($4.1 trillion) spending, where a $10 million reduction is not any more than the barest amount of nibbling around the edges. Part of...
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More Costs Flowing from Government Dam Negligence


Wednesday August 9th, 2017   •   Posted by K. Lloyd Billingsley at 12:08pm PDT   •   0 Comments

National Water Quality Month is turning out rather dry in California, but trouble will soon be washing up in court. Farmers and business owners have filed more than 90 claims against the state government for causing a total of $1.7 billion in losses from the spillway failure at Oroville Dam back in February. Might...
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The Death of myRA


Monday August 7th, 2017   •   Posted by Craig Eyermann at 6:22am PDT   •   1 Comment

There is fantastic news coming out from Washington D.C. this week. The U.S. Treasury Department is shutting down a money-losing retirement account program that was aimed at getting low income-earning Americans to invest their retirement savings in its very low interest rate-paying U.S. Treasury bond fund for U.S. government employees (the Thrift Savings Plan...
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The Case of the Phantom Frog


Thursday August 3rd, 2017   •   Posted by Craig Eyermann at 6:07am PDT   •   0 Comments

Imagine if land that had been held in your family for decades were suddenly subject to new environmental regulations that would severely limit what you could do on that land, where you would not be able to do things like build a new house on it, cut down trees on it, or even to...
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Advanced Waste Studies in the UC System


Wednesday August 2nd, 2017   •   Posted by K. Lloyd Billingsley at 4:51am PDT   •   0 Comments

As we noted, the University of California at Davis garnered national attention in 2011 when campus cops pepper-sprayed students peacefully demonstrating against tuition hikes. The ensuing lawsuits cost taxpayers more than $1 million, most of it going to crony consultants. No UCD administrators got fired, least of all chancellor Linda Katehi, who also came...
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California Waterboards Property Rights


Tuesday August 1st, 2017   •   Posted by K. Lloyd Billingsley at 5:24am PDT   •   0 Comments

August is National Water Quality Month and that might prompt a meditation on agencies such as California’s State Water Resources Control Board. The Board’s five full-time members are appointed by the governor and “the mission of the Water Board is to ensure the highest reasonable quality for waters of the state, while allocating those...
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Uniform Waste at the DoD


Monday July 31st, 2017   •   Posted by Craig Eyermann at 6:53am PDT   •   0 Comments

Uniforms are a big deal at the U.S. Department of Defense for outfitting the members of the nation’s military branches, particularly its Battle Dress Uniforms (BDUs), which incorporate camouflage among other technologies to help protect the lives of American service members who will be engaged in combat operations. As part of that mission, the...
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